YOKOHAMA, April 14 (Reuters) – Nissan Motor Co said on Tuesday it will streamline its global lineup from 56 to 45 models, moving away from low-performance models, and aims to introduce artificial intelligence driving technology to 90% of its lineup over the long term.
The company said in a statement that its goal is to achieve annual sales of 1 million units in both the United States and China by fiscal 2030, and to increase annual sales in Japan to 550,000 units by then.
Nissan said it will provide an update on the progress of its turnaround plan when it reports full-year results next month and will announce further elements of its strategic direction later this year.
Japan’s fourth-largest automaker has established export as a strategic pillar in China, announcing that it will ship the N7 electric sedan to Latin America and ASEAN, and the Frontier Pro pickup truck to these markets as well as the Middle East.
The company aims to gradually increase the local production rate in the U.S. to 80% from the current 60%, aiming to produce more vehicles in the U.S. and revitalize its luxury brand Infiniti with the introduction of new models.
In Japan, the automaker announced that it will introduce a compact car series from fiscal year 2028.
(Reporting by Daniel Rusink; Editing by Changran Kim and Muralikumar Anantharaman)
